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Business Support Actuary

Date Posted
8th June 2015
Reference
JT0806151
Sector
Life
Job Type
Permanent
Location
Edinburgh
Benefits
Bonus + Pension
Salary
£65,000 Per Annum

Job Description Apply: Business Support Actuary

I am recruiting for a new permanent position with the Business Support Team, of a large insurance company based in Edinburgh. This is an opportunity for a Qualified Actuary, most likely with either Pricing or Valuations/Reporting experience.

The Business Support team looks after both BAU work and Project work. The team sits within the wider actuarial business, which also includes pricing, propositions, finance and capital. It is focused on the UK Protection products, e.g Life, Critical Illness, Income protection etc.

The team is the go-between between Protection – as in the part of the business that designs and sells the protection products, and the wider actuarial business. They do the monthly EEV reporting, and also help the wider business understand more in-depth about these specific products.

It is not just reporting, the role will involve:

  • Reporting EEV profits to the board
  • Producing the business plan for the next 5 years
  • Experience analysis – claims analysis leading to recommending new assumptions
  • Project work e.g. pricing optimisation – making sure the pricing/profit/sales balance is optimised using the latest techniques.

 

Experience:

  • Likely to have management experience. You will be looking after 3 actuarial students up to nearly qualified level. You will have experience of managing people including distributing workloads.
  • Must have used modelling software – they use Prophet but happy to consider others e.g. MoSes.
  • Strong stakeholder management experience – demonstrable with examples.
  • Likely to be either a reporting or pricing actuary, will consider both.

 

My client employs around 100 actuarial staff across two main locations. Whilst this number is big enough to offer ample opportunities for variety and future career progression, they are not a big machine, and do not have an aggressive approach. They offer a very good work/life balance, a supportive working environment, and strive to make it as good as enjoyable for people working there.

Please apply now or contact me on james.turner@goodmanmasson.com for further information.


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